Sino-Forest Probe Yields Few Answers For Riled Investors

Law360, New York (February 1, 2012, 2:22 PM EST) -- An independent panel reviewing claims that Sino-Forest Corp. overstated its assets wrapped up its investigation Tuesday after finding few answers about the company's operations, which could increase the company's risk in a series of pending class actions from angry shareholders.

Sino-Forest, which operates timber plantations in China, said the independent panel of attorneys and auditors finished its probe despite leaving unanswered several questions about whether the company had made false statements about the amount of forested land under its control and its relationships with suppliers....
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